SPACE ID Price Today – Live ID Chart

What is SPACE ID?

SPACE ID is a universal Web3 name service network that provides a one-stop identity platform to discover, register, trade, and manage blockchain domain names across multiple ecosystems. Founded in 2022 by a team led by Harry Dong and Henry Wang, the project launched with a focus on BNB Chain through its flagship .bnb domain service, which went live in November 2022 after raising approximately $10 million in funding from investors including Binance Labs, Polychain Capital, dao5, and Animoca Brands.

The protocol has since expanded into a multi-chain name aggregator that supports domain registration and resolution across BNB Chain, Ethereum, Arbitrum, and other networks, positioning itself as a neutral infrastructure layer rather than a chain-specific alternative to Ethereum Name Service (ENS).

The SPACE ID token (ID) officially launched in March 2023 through Binance Launchpad, making it one of the first naming-service tokens to be listed on a major centralized exchange. The token powers governance, fee discounts, and ecosystem incentives across the protocol. Its headline product, SPACE ID 3.0, introduced a Web3 Name SDK and API that allows wallets, dApps, and exchanges to integrate cross-chain name resolution with minimal engineering overhead, and the team has reported integrations with hundreds of projects including Binance Web3 Wallet, Trust Wallet, MetaMask Snaps, and various Layer 2 explorers.

The ecosystem is built around three core pillars: the Web3 Name Service (a domain registration marketplace), the Web3 Name SDK (developer tooling for multi-chain resolution), and the Web3 Name Aggregator (a unified search layer that indexes domains from ENS, .bnb, .arb, and partner TLDs). In 2023 and 2024 SPACE ID expanded into partner TLDs such as .arb for the Arbitrum ecosystem, which was distributed partly through auctions that attracted significant community attention and some controversy over premium-name pricing and airdrop eligibility criteria.

The project has also launched community programs including the Voyage series of seasonal campaigns that reward on-chain activity with points convertible to rewards.

Despite strong initial momentum, SPACE ID operates in an increasingly competitive naming-service sector where ENS remains the dominant Ethereum-native standard and newer competitors like Unstoppable Domains, Lens handles, and Farcaster names target overlapping user bases. Critics have pointed to domain renewal economics, secondary-market speculation on premium names, and the long-term sustainability of TLD-specific airdrops as open questions for the protocol.

Supporters highlight its first-mover advantage on BNB Chain, its aggregator strategy that sidesteps direct competition with ENS, and its deep integration with Binance-aligned infrastructure as durable moats.

As of 2024, SPACE ID reports millions of registered domains across its supported networks and continues to push toward becoming the default identity resolution layer for Web3 wallets and applications. The token trades on most major exchanges including Binance, Bybit and KuCoin, and price discovery is driven by a combination of domain registration demand, protocol-level fee accrual, and broader sentiment around the on-chain identity narrative.

Traders watching ID typically monitor new chain integrations, airdrop announcements for partner TLDs, and renewal revenue as fundamental catalysts alongside general crypto market conditions.

Key Features of SPACE ID

• Multi-Chain Domain Aggregation: SPACE ID aggregates name services across BNB Chain, Ethereum, Arbitrum, and other networks in a single search interface. Users can look up and register domains from ENS, .bnb, .arb, and partner TLDs without juggling multiple platforms or wallets.
• Web3 Name SDK: The protocol ships a developer SDK and API that lets any wallet, dApp, or block explorer resolve domains across supported chains with a few lines of code. This has driven integrations with Binance Web3 Wallet, Trust Wallet, and hundreds of other applications, creating network effects beyond the core registrar.
• Flagship .bnb TLD: SPACE ID operates .bnb, the dominant native name service on BNB Chain, with over a million registrations since launch. Holders use .bnb names as human-readable wallet addresses, decentralized website handles, and on-chain social identifiers across the BNB ecosystem.
• TLD Partner Program: Through its TLD partner framework, SPACE ID launches chain-specific name services like .arb for Arbitrum using shared infrastructure. This lets L1s and L2s bootstrap native identity layers quickly while sharing protocol economics with ID token holders.
• Governance and Fee Utility: ID token holders participate in governance votes on protocol parameters, TLD launches, and treasury allocation. The token also powers fee discounts on registration and renewal, staking-style rewards in seasonal Voyage campaigns, and ecosystem incentive distributions.

SPACE ID Use Cases

• Unified Web3 Identity: Users can claim a single memorable name like yourname.bnb and use it as their identity across wallets, dApps, and social protocols on multiple chains. This eliminates the need to share long hexadecimal addresses and reduces the risk of copy-paste errors during transfers.
• Simplified Crypto Payments: Wallets that integrate the SPACE ID SDK let users send tokens to human-readable names instead of 0x addresses. This lowers friction for mainstream users and is particularly useful for cross-chain payments where address formats differ between networks.
• Decentralized Websites: SPACE ID domains can point to IPFS or Arweave content, allowing owners to host censorship-resistant personal sites, portfolios, or dApp front-ends. Browsers and gateways that support Web3 resolution can load these sites directly from the domain.
• Brand and Project Handles: DAOs, NFT projects, and Web3 companies register branded names across multiple TLDs to protect their identity and route community payments. A unified brand handle across .bnb, .eth, and .arb makes it easier for users to verify authenticity when interacting with the project.
• Developer Identity Infrastructure: Builders integrate SPACE ID's SDK into wallets, explorers, and social dApps to offer name resolution without building naming infrastructure from scratch. This accelerates product development and gives end users a consistent identity experience across the applications they use.

SPACE ID Tokenomics

Total Supply

The maximum supply of ID is capped at 2,000,000,000 tokens. Initial distribution at the March 2023 Binance Launchpad sale released roughly 9% of total supply into circulation, with the remainder vesting over multiple years across ecosystem, team, investor, and treasury allocations.

Circulating

Circulating supply has increased gradually as vesting schedules unlock tokens for investors, team members, and ecosystem programs. Periodic unlocks can meaningfully impact float.

Utility

ID is used for protocol governance, fee discounts on domain registration and renewal, and staking-style participation in Voyage seasonal campaigns. It also serves as the incentive asset for ecosystem grants, TLD partner revenue sharing, and community airdrop programs.

Emission

Tokens vest according to a multi-year schedule published at TGE, with major unlocks for private-sale investors, team, and ecosystem funds spread across approximately 48 months. Traders typically track upcoming unlock cliffs on sites like TokenUnlocks to anticipate supply-side pressure.

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